Showing posts with label Angola cost of living. Show all posts
Showing posts with label Angola cost of living. Show all posts

Friday, April 11, 2014

The Capital City of Chad Ranks as the 2nd Most Expensive City in Africa

N’Djamena is the capital of one of the poorest countries in the World and is the second most expensive expat destination in the region and 19th most expensive worldwide.

The April quarterly update from Xpatulator.com show both N’Djamena and Shanghai, China reached the top 20 for the first time.

While Shanghai has experienced double-digit economic growth in the last 21 years, a metropolis of 24 million people with the world's busiest container port, the 3rd largest stock market in the world and home to China's largest industrial companies. N'Djamena in contrast suffers from an almost non-existent infrastructure, growing shortages of imported goods and regular inflows of refugees from its border with the Central African Republic. However, it has moved up the rankings as expats flow into the country to develop its oil fields.

What makes both of these cities expensive for foreign workers is the increasing demand for imported goods and first world accommodation expectations.

N’Djamena has moved from 181st in April 2013 to 19th in the Xpatulator.com rankings. The most expensive city in the World is Luanda, Angola, another developing oil producer on the African continent.

Xpatulator.com provides up-to-date cost of living data for over 700 locations worldwide.


Top Ten City Rankings for Africa
  1. Luanda
  2. N'Djamena
  3. Abuja
  4. Lagos
  5. Kano
  6. Ibadan
  7. Maputo
  8. Bangu
  9. Bissau
  10. Conakry

For the full list of city rankings for the African Region go here.

Tuesday, July 2, 2013

What Countries in Africa, Are the most expensive to Live as an Expat?

The most expensive countries in Africa are: Angola; Nigeria; Mozambique; Democratic Republic of Congo; and Ghana. The most expensive cities to live in are: Luanda (Second most expensive in the world); Abuja; Lagos; Kano; and Ibadan. The cheapest city for expatriates to live in is Tunis in Tunisia (15th cheapest in the world).
The biggest mover down the rankings is Gaborone in Botswana, which has dropped from 543th in April to become the 667th most expensive location in the world. The biggest mover up the rankings is Monrovia in Liberia. Monrovia has risen from 245th in April to become the 126th most expensive location in the world.

What are the Top 50 most expensive places to live in Africa? Find out here.

Reference
The cost of living ranking information contained in this article is updated quarterly using data collected by Xpatulator.com over the past 12 months. The international cost of living indexes, on which the rankings are based, is only available using Xpatulator.com's online expatriate calculators that enable users to create personalized cost of living comparison reports which include:



Published by Xpatulator.com on 1 July 2013.

To link to this article: http://www.xpatulator.com/cost-of-living-article/Cost-of-Living-Africa-July-2013_460.cfm

This article may be freely copied as long as reference is made to http://www.xpatulator.com/ 


Friday, July 9, 2010

Angola, Luanda - Cost of Living 2010

The economy of Angola is one of the fastest-growing economies in the world, but is still recovering from the Angolan Civil War that plagued Angola from independence in 1975 until 2002. Despite extensive oil and gas resources, diamonds, hydroelectric potential, and rich agricultural land, Angola remains poor, and a third of the population relies on subsistence agriculture.


Around one-third of Angolans live in Luanda, 57% of whom live in poverty. Living conditions in Luanda are extremely poor, with essential services such as safe drinking water still in short supply.
Luanda has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Luanda is currently ranked 15 overall, most expensive place in the world for expatriates to live, out of 282 international locations


The cost of living overview for each of the 13 Basket Groups is as follows:
Read More

Saturday, April 10, 2010

Angola, Luanda Cost of Living April 2010

Country Full Name: The Republic of Angola.

Location: Angola is in Southern Africa, bordering the South Atlantic Ocean, between Namibia and Democratic Republic of the Congo.

Country Climate: Semiarid in south and along coast to Luanda; north has cool, dry season (May to October) and hot, rainy season (November to April).

Country Terrain: Narrow coastal plain rises abruptly to vast interior plateau.

Major Languages: Portuguese (official), Umbundu, Kimbundu, Kikongo.

Major Religions: Christianity.

Country Population: 16.8 million (2008 est.) 17.3 million (2009 est.).

Country Economy: The economy of Angola is one of the fastest-growing economies in the world, but is still recovering from the Angolan Civil War that plagued Angola from independence in 1975 until 2002. Despite extensive oil and gas resources, diamonds, hydroelectric potential, and rich agricultural land, Angola remains poor, and a third of the population relies on subsistence agriculture.

Currency: Angolan Kwanza (AOA).

Country Inflation: 12.5% (2008 est.) 14.0% (2009 est.).

City: Luanda is the capital and largest city of Angola. Located on Angola's coast with the Atlantic Ocean, Luanda is both Angola's chief seaport and administrative center. It is also the capital city of Luanda Province. The city is currently undergoing a major reconstruction, with many large developments taking place that will alter the cityscape significantly.

City Economy: Around one-third of Angolans live in Luanda, 57% of whom live in poverty. Living conditions in Luanda are extremely poor, with essential services such as safe drinking water still in short supply.

Cost of Living

Luanda has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Luanda is currently ranked 42 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more info on the Cost of living baskets go to Angola, Luanda Cost of Living

Wednesday, June 24, 2009

Angola Cost of Living

Angola cost of living is ranked a high cost of living location.

Angola is in Southern Africa, bordering the South Atlantic Ocean, between Namibia and the Democratic Republic of the Congo.

CAPITAL CITY: Luanda

LARGEST CITY: Luanda

CURRENCY: Angolan New Kwanza (AON)

ECONOMY: Angola has had a high growth rate which is driven by its oil sector. There has been a post-war reconstruction boom with the resettlement of displaced persons which has led to high rates of growth in construction and agriculture. Due to the 27-year civil war much of the country's infrastructure is still damaged or undeveloped.

COST OF LIVING OVERVIEW: Luanda has an overall cost of living index which equates it with High Cost of Living Locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Luanda is currently ranked 11 overall, most expensive place in the world for expatriates to live, out of 276 international www.xpatulator.com locations. The exact customised cost of living index for Luanda is based on the Basket Groups that you select in the Calculators.

In terms of the relative hardship people are likely to experience, assessed in global terms, Luanda is ranked as an extreme hardship location. The exact customised hardship index premium for Luanda is based on the comparison location that you select in the Calculators.

This article may be freely copied as long as reference is made to http://www.xpatulator.com/